1/114 Majors Bay Road Concord NSW 2137

This high income, long lease, essential service investment in the heart of Concord, will be auctioned by the exclusive selling agents, Belle Property Commercial. This Medical Centre has been servicing the local Concord community and broader inner west with GP services for over 25 years. With a 10 x 10 year leases in place and an annual income of $273,180.60 + GST per annum nett, this is a set and forget income generating asset for your portfolio.

Features Include:
- Annual Nett Income $273,180.60 + GST
- Tenant Pays all outgoings
- Annual rental increases 3%
- Rental as of 2nd April 2022 to be $281,376.00 + GST
- Floor Area 279sqm
- Heart of Majors Bay Road Main Street of Concord
- Lease Expiry April 2028
- Option until 2038